OUR PROJECT

POTASH OVERVIEW

Source: Company Data, Public Domain

DEMAND

  • Global MOP demand growing at 1 – 2mt per annum consumption (c. 70m tons of MOP, 2021) or respectively at a 2% CAGR, resulting in total demand of 88.7m tons by 2035
  • Four largest markets being China, Brazil, India and the USA) – c. 60% of demand
  • Developing regions such as Africa, Asia and Latin America have accounted for much of the demand growth in recent times

SUPPLY

  • Four countries (Belarus, Canada, China and Russia) account for nearly 80% of global capacity
  • Entrance of new basins will give buyers more options in an oligopolistic market

PRICES

  • Assuming moderate demand growth (base case), the average MOP pricing is expected to be c. $350 per ton for much of the remaining 2020s
  • Current prices in Kanga’s main target markets are spiking at ca. $900-1,000 per ton MOP
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